Author: depen337

RULE16 CGST 2017 provides for the provisions for the situations where the Department can issues Registration to the concerned Assessee on Suo Moto basis. As per the RULE16 OF CGST 2017, Suo moto Registration can be issued to any assessee in following cases: Where, pursuant to any survey, enquiry, inspection, search or any other proceedings under the Act, the proper officer finds that a person liable to registration under the Act has failed to apply for such registration, such officer may register the said person on a temporary basis and issue an order…

RULE 9 OF CGST 2017 Verification of the application and approval. The application shall be forwarded to the proper officer who shall examine the application and the accompanying documents and if the same is found to be in order, approve the grant of registration to the applicant within a period of three working days from the date of submission of the Where the application submitted under rule 8 is found to be deficient, either in terms of any information or any document required to be furnished under the said rule,…

RULE 8 of CGST 2017 Application for Registration 1.Every person, other than a non-resident taxable person, a person required to deduct tax at source under section 51, a person required to collect tax at source under section 52 and a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) who is liable to be registered under sub-section (1) of section 25 and…

Study Guidelines On Electives Papers For CA Final Paper-6 May 2018 ICAI has come up with the Guidelines for the Electives Electives Papers For CA Final Paper-6 May 2018. In order to remove confusion among the students, these guidelines have been prescribed. To the whole Guidelines (In General) can be summarized as under: The Books will be Provided by ICAI in Exam hall and Students Need Not Carry their Study Material. The Respective Book of each Elective Paper that Students will get in the exam hall will be the Strip Down Version Of…

What are the Questions for which Advance Ruling Can be Sought?[SECTION 97] of CGST What is Advance Ruling? An advance ruling is a Remedy available to the applicant that aids them in planning their activities which are liable for payment of GST, well in advance. It helps Applicant in determining the Tax Liability, as the ruling given by the Authority for Advance Ruling (AAR) is binding on the applicant as well as TAX Authorities. Advance Ruling is an initiative to reduce the long, tedious and expensive Litigation at later date…

Open Book Exam of Elective Paper in CA Final As per the Revised Scheme of Education and Training, CA Final student has to choose among the 6 elective papers. ICAI has also clarified that Examination of these subjects will be an Open Book Exam. This is the bold steps taken by the Institute (ICAI) as the syllabus and systems were old and needed an apprising to keep up with the Industry requirements. Consequently, Revised Scheme of Education and Training was unveiled On CA Day i.e. 1st of July by our Prime…

Meaning: 1) Complying with SAS Relevant to the Audit The auditor shall comply with all SAs relevant to the audit.An SA is relevant to the audit when the SA is in effect and the circumstances addressed by the SA exist Have an understanding of the entire text of an SA Do not represent compliance with SAS in the auditor’s report unless the auditor has complied with SA-200 and all other SAS relevant to the audit. 2) Objectives Stated in Individual SAs Determine whether any AP in addition to those required…

Why learning Email Etiquette is Necessary in the first Place? Most of the exchanges of information and data are done over the Email. Unless you have an audit of manual accounting system you have to communicate over the email. As with the personal communications having communications over email doesn’t absolve you from your duty of being humble and polite over your email exchanges. Let’s begin with few types of Email Programme you will face. The most popular email clients are Gmail, Outlook, Yahoo, etc. There’s a great chance that you…

How to use basic formulae in MS-Excel? To get your work done easily and effectively in excel, it is must to know the concept of formula. In this post, we are helping you to know how to use basic formulae in excel. You can link your formula by linking cells of the same worksheet or different worksheet or even different workbooks. In this section, we are using simple addition, subtraction, multiplication, and division as these are basic formulae. We will be providing you knowledge of complex formulae in our next…